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Pension Schemes Act 2015

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There are currently no known outstanding effects for the Pension Schemes Act 2015, Paragraph 35. Help about Changes to Legislation

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35(1)Section 18 (pension liberation: interpretation) is amended as follows.E+W+S

(2)In subsection (2)(a)—

(a)after “accrued rights” insert “ or an entitlement ”;

(b)in sub-paragraph (ii), for “the applicable rules” substitute “ the scheme rules ”.

(3)In subsection (3)—

(a)for paragraph (a) substitute—

(a)section 94 of the Pension Schemes Act 1993 (right to cash equivalent under Chapter 1 of Part 4ZA of that Act);;

(b)in paragraph (b), for “Chapter 5 of Part 4” substitute “ Chapter 2 of Part 4ZA ”.

(4)In subsection (4)(d), for “the applicable rules” substitute “ the scheme rules ”.

(5)Omit subsection (5).

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